Monthly Archives: February 2017
This Hedge Fund Made Almost $5bn For Clients in 2016
(HITC) Billionaire Ray Dalio’s Bridgewater Associates earned almost $5 billion for its clients last year while rivals George Soros and John Paulson lost money, according to a report by hedge-fund investor LCH Investments NV. Bloomberg News reports that Bridgewater was […]
SS&C Creates Exclusive Relationship with HedgeCoVest LLC
The SMArt Xchange service will be available exclusively to Axys, APX, and Black Diamond clients WINDSOR, CT, February 2, 2017 (PR NEWSWIRE) – SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced […]
Banks Make Unwanted Risk Lucrative With Bets for Hedge Funds
(Bloomberg) Complex debt trades that started as a way for lenders to reduce their loan exposure are becoming a business opportunity for some of the world’s biggest investment banks. Others are worried they could become another source of systemic risk. […]
BlackRock’s Rieder: Watch Out For Four Fed Hikes This Year
(FINalternatives) The U.S. Federal Reserve could hike interest rates as many as four times in 2017 and markets do not sufficiently reflect this possibility, Blackrock chief investment officer for fixed income Rick Rieder said in remarks made on Wednesday. To […]
Ken Griffin Has Shut Down One of Citadel’s Stock-Picking Units
(The Business Insider) Citadel is shutting down one of its four stock picking units a little over a year after launching. Ravelin Capital, a San Francisco-based unit of Ken Griffin’s $26 billion hedge fund firm, is shutting down, according to […]
Meet the World’s 7 Most Successful Hedge Fund Managers
(The Business Insider) London-based fund of funds LCH Investments, a subsidiary of Edmond de Rothschild Capital Holdings Limited, just released its annual top 20 “most successful money managers” list for 2016. The list measures net gains, after fees, of hedge […]
PruLev Hedge Fund Soars 9.5% in January, Bets on Trump Stance
(Bloomberg) The PruLev Global Macro Fund, among Asia’s top-performing hedge funds, advanced 9.5 percent in January and is betting on what it calls Donald Trump’s “pragmatic and pro-business stance.” Last month’s return brings the fund’s three-year gain to a cumulative […]
Westport Hedge Fund Made $4.9b For Clients in 2016
(Stamford Advocate) In a week in which Connecticut lawmakers considered a major new tax on hedge fund manager earnings, a new study estimates that the Westport-based titan Bridgewater Associates made $4.9 billion for its clients last year. LCH Investments ranks […]
Hedge Funds Suffer $102 Billion Outflow in 2016
(Citywire) The hedge fund industry suffered a massive net outflow of $102 billion (£80 billion) in 2016. The figure was revealed in the 2017 Preqin Global Hedge Fund Report, which also stated that 66% of hedge fund investors felt their […]
Hedge Fund Industry AUM Surpasses USD3.2trn in 2016
(Hedgeweek) Assets held by hedge funds globally reached a record USD3.22 trillion as of the end of November 2016, according to Preqin’s 2017 Global Hedge Fund Report. Investor outflows through the year totalled USD102 billion, and at the end of […]
Brokerage Firm Charged With Gatekeeper Failures Related to Pump-and-Dump Scheme
(HedgeCo.NET) The Securities and Exchange Commission today announced administrative proceedings against New York-based brokerage firm Windsor Street Capital and its former anti-money laundering officer John D. Telfer. The SEC’s Enforcement Division alleges that the firm, formerly named Meyers Associates L.P., […]
Preqin: Private Capital Industry AUM Hits Record $4.46T
(FINalternatives) Total assets under management in the private capital industry, which includes private equity, private debt, real estate, infrastructure and natural resources funds, reached $4.46 trillion as of June 2016, according to industry data provider Preqin. To read this article: